Private Mortgages · 12–16% Annual
Earn yield from Costa Rica real estate — without becoming a landlord.
Fund private mortgages secured by first-position liens on Costa Rican property. Monthly interest payments, conservative LTV, full deal transparency.
What the asset class looks like
12–16%
Net annual yield
12 mo
Average term
≤ 50%
Average LTV
$25,000
Minimum per deal
01
Why private mortgages
01
Asset-backed, not bank-backed
Every loan is secured by a first-position mortgage at the Registro Nacional. If a borrower defaults, the property is the recovery path. This is fundamentally different from unsecured fintech lending or CDP deposits.
02
Yield uncorrelated with US markets
Costa Rican property values follow local fundamentals — tourism, expat migration, local demand. They don't move with the Nasdaq. This is a real diversifier for a US-heavy portfolio.
03
Cash flow, not appreciation
You earn monthly interest from day one. No waiting for a property to appreciate, no rental management, no tenant calls. The yield is the product.
02
How investing works
1. Verify your investor profile
Quick KYC, accredited investor questionnaire, and your funding source. Approved within 2 business days.
2. Browse vetted deals
Each listing includes appraisal, property photos, LTV, borrower context, and a proposed rate. Underwriting notes are visible — no black boxes.
3. Commit capital
Express interest, sign the participation agreement, and wire funds. Our notario partner registers the mortgage in your favor (or in a fideicomiso de garantía).
4. Receive monthly interest
Payments hit your account every month for the loan term. At payoff, your principal returns and you redeploy.
03
How your capital is protected
First-position mortgage
Registered at the Registro Nacional. No other lender can leapfrog you in a foreclosure.
Conservative LTV
Max 50% loan-to-value, often lower. Even in a 20% market correction, your collateral cushion remains.
Independent appraisal
Every property is appraised by an accredited third party before we list the deal. No 'taking the borrower's word for it'.
Notario-managed closings
Our partner notarios handle all legal documentation, title searches, and mortgage registration. Standard CR legal protections, by the book.
04
vs. other yield options
| Private mortgages | Costa Rica bank deposit | US money market | Rental property | |
|---|---|---|---|---|
| Typical net yield | 12–16% | 4–6% | 4–5% | 5–8% (after expenses) |
| Active management | None — we administer | None | None | Significant |
| Liquidity | 6–24 month terms | Fixed term | Daily | Very low |
| Collateral | First-position property lien | Bank balance sheet | Treasuries / commercial paper | The property itself |
05
Frequently asked questions
Who can invest?+
We accept investors who pass our KYC and accredited investor questionnaire. Most participants are CR residents, US/Canadian expats, or Latin American HNW individuals diversifying out of local bank deposits.
What's the minimum?+
Typically $25,000 per deal. You can spread that across multiple loans for diversification, or concentrate in a single high-conviction deal.
What happens if a borrower defaults?+
The first-position mortgage gives you legal recourse to foreclose and recover from the property. We coordinate the process with our notario partners. With max-50% LTV, even after foreclosure costs, principal recovery is the expected outcome — not the exception.
Are returns taxable in Costa Rica?+
Yes — interest income earned in Costa Rica is generally subject to CR income tax. For non-residents, treaty treatment may apply. We provide annual statements; please consult your tax advisor.
Can I sell my position before the loan matures?+
Secondary transfers are possible but not guaranteed. Plan on holding to maturity. Average loan terms are 6–24 months, with 12 months most common.
Model your returns.
The yield calculator shows monthly income, total interest, and annualized return for any capital, rate, and term you want to test.